Danantara Bids for Indonesia Stock Exchange Stake as Brokers Open Ownership to Outsiders
The sovereign fund is the only bidder so far after IDX members amended the bylaws, but a rights issue and OJK approval still stand in the way.
Capital Times: markets, business and economic news from Asia
Standard Chartered Raises 2026 Outlook as Profit Jumps 27% on Record Wealth Income
Pretax profit far outpaced forecasts as wealth and trading income surged, and the bank now expects a return on tangible equity of about 14% this year.
Fed Holds Rates at 3.75% to 4% in 10-2 Vote as Warsh Plans Fewer Rate Decisions
Lisa Cook and Beth Hammack wanted a hike, markets still see one in December, and in 2027 the Fed will set rates at only seven of its eight meetings.
SK Hynix Posts Record 83 Trillion Won Operating Profit, Plans 100 Trillion Won Payout
Revenue topped 100 trillion won for the first time as HBM4 shipments ramped up, and the stock's 11% jump carried the Kospi back above 6,000.
Samsung Drags Kospi Down 3% as Alphabet's Cash Burn Cools Asia's AI Stock Rally
Japanese chip stocks rallied ahead of the BOJ and Hong Kong held flat in morning trade, while Samsung's profit miss and a battery stake sale sank Seoul.
India's Bank Cash Surplus Shrinks as RBI Defends Rupee, Call Rate Hits 5.75%
Dollar sales and a new 20% cash deposit on rupee hedges have helped drain cash from Indian banks, and the RBI is now adding funds as the rupee slips again.
Markets
Full markets data ›Latest
- Southeast AsiaBank of Thailand Holds Rate at 1%, Lifts Export Forecast to 22% on AI Demand
- Growth & InflationAustralia's Core Inflation Rises to 3.7%, Beating Forecasts and Firming RBA Hike Bets
- RetirementSingapore Keeps Asia's Only A Grade in Global Pension Index as Indonesia Slips
- Artificial IntelligenceAlphabet Sinks on $9 Billion Cash Burn as Microsoft Gains on 48% Azure Growth
- ChinaChina's Industrial Profits Jump 14.4% in September as AI Demand Lifts Electronics
- SingaporeMAS Tells Banks to Review Haze-Linked Clients as SGX Presses Seven Listed Planters
China's Economy Grows 4.5% in Third Quarter, Beating Forecasts as Factories Hum
Growth picked up from the second quarter on manufacturing and exports, while construction shrank and officials flagged weak domestic demand.
Hong Kong IPOs Raise Record HK$388 Billion in Nine Months, Putting Best Year in Reach
KPMG says full-year proceeds could near HK$500 billion as A+H listings and tech issuers fill a pipeline of more than 600 applicants.
U.S. Treasuries
Treasury Yields Slip Back Below 5% as Fed Decision Looms After September Rout
The 10-year yield has fallen for three weeks after touching its highest since 2007, but oil and supply worries still hang over the market.
Brent Eases From Near Six-Month High as Saudi-Iran Talks Temper Houthi Supply Scare
Diplomacy in Tehran trimmed oil prices, but attacks on Saudi energy sites and on Hormuz shipping keep a heavy risk premium in place.
Jio Platforms Heads for Market Debut After INR 302 Billion IPO Draws 22 Times Demand
Reliance's digital arm sold only new shares, will use most of the money to cut debt and starts trading in Mumbai on Wednesday.
What the Term Premium Is, and Why It Is Pushing Long-Term Bond Yields Higher
Investors are demanding more to lock up money for decades. Here is how that extra compensation works and why it has lifted U.S. and Japanese yields.
Artificial Intelligence
Moonshot AI Weighs Up to $5 Billion Hong Kong IPO After $50 Billion Valuation
The Kimi developer has closed its last private round and lined up banks for a listing as soon as early 2027, Bloomberg reported.
- TSMC Profit Jumps 69% to a Record as 2nm Ramp Lifts Fourth-Quarter OutlookSemiconductors · 3 min read
- HSBC Rolls Out Hong Kong Dollar Stablecoin RedCoin to 3.3 Million PayMe UsersFintech & Crypto · 4 min read
- Asia Startup Funding Holds Near Highs at $38.5 Billion as AI Draws 55%Startups & VC · 3 min read
China Trade
China's Exports Jump 36% in September as AI Demand Pushes Surplus to 2026 High
Shipments beat forecasts by more than 10 percentage points, and the annual surplus is on pace to top $1 trillion again.
India Clears Fairfax's Takeover of IDBI Bank in INR 529 Billion Stake Sale
Japan's Nuclear Restarts Explained: 15 Reactors Running and What Comes Next
Pop Mart Revenue Falls Up to 50% in Third Quarter as Labubu Sales Weaken
Bain and LY Top EQT Again in Kakaku.com Fight as Tender Deadline Nears
Brazil
Brazilian Stocks Plunge 13.7% and the Real Slides After Lula Wins Runoff
Investors had bet on a Bolsonaro victory after the first round. Lula's narrow comeback reversed that trade and put Brazil's debt back in focus.
EU and China Reach Hybrid Car Understanding, Pledge Faster Rare Earth Licenses
Two days of talks in Beijing pulled both sides back from a trade war, but EV duties stay in place and the hybrid terms remain unpublished.
How the USMCA Review Works Now That Washington Has Declined to Extend the Pact
The U.S. did not confirm a 16-year extension in July, setting up yearly reviews. Here is what that means for Asian companies producing in Mexico and Canada.
Korea Property
Seoul Apartment Prices Rise for 89th Week as Gangnam Slips and Chip Belt Heats Up
Buyers priced out of Seoul's richest districts are moving to cheaper neighborhoods and to Gyeonggi towns near chip plants, despite a year of curbs.
- Singapore Prime Office Vacancy Falls to 2.6% as AI Firms Join the Hunt for SpaceCommercial · 3 min read
Singapore
Singapore Savings Bond Return Rises to 2.45% as T-Bill Yields Climb Toward 2%
The November bond issue and recent Treasury bill auctions show Singapore savers earning noticeably more on cash than they did a year ago.
Food & Drink
Hong Kong's Bar Leone Keeps World's Best Bar Title as Asia Takes 13 Spots
Hong Kong tied New York and Paris with four bars in the top 50, while venues in Bangkok and Seoul climbed into the top 10.
Swiss Watch Exports Rise 11.7% in September as Hong Kong Shipments Edge Up
A rebound in US shipments drove a fourth straight monthly gain, while reports differed on whether demand from mainland China rose or fell.
The Asia Open
Our 6 a.m. HKT briefing on what moved overnight and what to watch when Asian markets open. Weekdays, free.